How much Life Insurance do I need?

How much life insurance do i need is the most common question we get asked at mymoney.com.hk, as a rule we often suggest 10 times your salary. However, you may also base your number on any debts you have outstanding, such as a mortgage or a specific cost which may occur. Feel free to use the calculator below to help you in your decision.

Life Insurance Calculator

How much money would you like to leave to your dependents? *

How much of your mortgage is still outstanding? *

How much would be required to pay any major loads or debts such as credit cards and funeral expenses? *

Do you currently have any existing life cover or investments that would pay out in the event of your death? (Include the value of any policies you currently have in force. *